hi, As we can see the trend line is being breakout with heavy volume and closed and formed Triple Top, comming week if it close 1300 to 1310 range, It may test with the new levels 1342 & 1375. We also see rsi is in flat zone but yet not any confirmation from sell side.
profit booking continue , we saw xauusd over sold till Friday so,
Currently BitCoin has started to show up Signs that it might crash back to $1150 very soon. Their are couple of patterns in charts that i look for which are probably best for reversal indication and they are forming up in higher time frame charts of bitcoin. but there is more.. 1- BitCoin Has recently broken above a long term curve at 1500, but there is very less...
gold has hit the trend line finding support for the third time will this support end the downtrend here is my outlook for gold there is good support by the trend-line and as well as 50% fibo (1210.07) on the uptrend targets 1249.25 and 1275.06 alternate scenario if market breaks lower of the trend line and fibo 50% , expected of a breaking down with targets...
long term view --short at 112.510 tp-104.300 tp-102.100 stop-113.560
Our long pending analysis and the most sought analysis is Gold. True, people are worried at uncertain times and economic scenario's around them, so they want to analyse whether Gold will be safe security for part of their investments. Before we go into analyzing the Xauusd, Be clear about the fact we are building a case with our analysis like Chakravuya...
It has been observed that an inverse Head & Shoulder pattern has emerged on the Spot Gold hourly chart with a retrace back to the neckline which has held well. Long Entry : 1219.63 Target : 1258 Stop : 1198.92
A little late in posting this one, but nevertheless, a Bullish Cypher Pattern has emerged on the XAUUSD 1 hour chart. A long can be initiated if the price retraces back to 1185.73 or can be longed at current market price if your R:R Allows for it. Target: 1198.57 Stop 1175.86
Gold - XAUUSD is Possibily forming an Ending Diagonal in a Wave c of a-b-c correction which will also potentially complete Wave B or 2 of larger Wave Count completing the correction of over all rally from 1150 to 1375. Gold has corrected in a 3 wave decline and is not around 61.8 fib retracement levels. MACD is giving Divergence on smaller timeframes 240/60 giving...
It is been observed on daily chart that the price action is making lower highs and lower lows, indicating a bearish trend. Now, it shall further move down to the next support levels at around 81000-80300 levels. Target: 81000 Stoploss: 84500 Risk Reward: 1:1
In 30 Minutes chart Gold broken the channel and trying to take up move one can buy above 1261 for the upward journey. Gold will take a bull run so I'm not giving any target.
Head Ans Shoulder Patter and Ema 200 Ema 50 Ema 20 Price Above Ema 200-50-20...Support To Upside Trade Only Close Above Neckline My Side Target 1327.27 Sl 1306.06.... Remember In Prayer
Sell Gold Both Level Touch 1317.67 1315.12 Remember In Prayer